City government · Jefferson County, KY

Anchorage's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2022), Anchorage took in $2.8 million and spent $2.6 million.

Latest recorded year: ended June 30, 2022Comes from Goes to

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Where it comes from

City taxes88%State tax money12%County and local tax money2.6%Fees for services0.8%

What stands out

70%

of Anchorage's money comes from property tax.A typical U.S. city, town or village of under 10,000 people gets 15%.

City taxes88%

Property tax

70%$2.0 million

Other taxes

19%$525 thousand

What's in other taxesInsurance premium taxes and other licenses

Insurance premium taxes$516 thousand
Other licenses$9 thousand

Amounts are by Census tax category.

Fees for services0.8%

Fees for services

0.8%$23 thousand

What's in fees for servicesOther service charges

Other service charges$23 thousand

Amounts are by Census type of charge.

State tax money12%

Money the state passes on, paid for by the state taxes residents also pay.

From the state

12%$342 thousand

County and local tax money2.6%

Money passed on by the county or other local governments.

From the county and other local governments

2.6%$73 thousand

Fines and other-4.1%

Interest, rents and other

-4.1%-$114 thousand

Where it goes

Police, fire, courts and jails46%Running the government and other costs34%Parks, recreation and libraries15%Roads, transit and parking5.8%

What stands out

46%

of Anchorage's spending goes to police, fire, courts and jails.A typical U.S. city, town or village of under 10,000 people spends 11%.

Spending by category100%

Police, fire, courts and jails

46%$1.2 million

What's in police, fire, courts and jailsPolice

Police$1.2 million

Running the government and other costs

34%$862 thousand

What's in running the government and other costsCentral staff services (personnel, purchasing, technology)

Central staff services (personnel, purchasing, technology)$862 thousand

Parks, recreation and libraries

15%$372 thousand

What's in parks, recreation and librariesParks and recreation

Parks and recreation$372 thousand

Roads, transit and parking

5.8%$148 thousand

What's in roads, transit and parkingRoads and highways

Roads and highways$148 thousand

Sources and moreWhere these numbers come from and what they cover

City of Anchorage. U.S. Census Bureau, 2022 Census of Governments, Finance, individual unit file, fiscal year ended June 30, 2022. The Census record for this government is from the 2022 survey, the newest on file.

What this covers. The money of City of Anchorage itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.